I think I'm a Classical Liberal (and not a Libertarian)

Classical liberalism is the philosophy committed to the ideal of limited government, constitutionalism, rule of law, due process, and liberty of individuals including freedom of religion, speech, press, assembly, and free markets.

Classical liberalism developed in the 19th century in Europe and the United States. Although classical liberalism built on ideas that had already developed by the end of the 18th century, it advocated a specific kind of society, government and public policy as a response to the Industrial Revolution and urbanization. Notable individuals who have contributed to classical liberalism include Jean-Baptiste Say, Thomas Malthus and David Ricardo. It drew on the economics of Adam Smith and on a belief in natural law, utilitarianism, and progress.

via Wikipedia

Not to be confused with Libertariansim, which varies by definition, but generally is a modern thought. Not me, I like the old school social theory from the eve of the Industrial Revolution. Simple things like the rule of law, freedom of religion, a constitution…appeal to me.

Weird how it’s the classical nature of the thinking that strikes me because I live in country that practices Social Liberalism. Which is nearly the same thing but includes the element of social justice, “in that it believes the legitimate role of the state includes addressing economic and social issues such as unemployment, health care, and education while simultaneously expanding civil rights.”

Not sure where I fall on that. At times the state does need to step in and force things, but overall I would prefer the community handle things by itself.

Which means, yep, I’m a classical liberal!

The Oil Industry – the most developed world industry, twice the size of the food industry

In 1950, the United States was the only country with a well developed oil industry. Today, the energy sector as a whole is the largest industry in the world and accounts for over $3 trillion dollars in annual sales. The second largest global industry, food, accounts for $1.7 trillion. Between 1950 and 1973 the world oil industry grew 9-fold – a rate of increase of 10% per year, sustained over a period of 20 years. During that time period, the world produced over 2.5 billion new motor vehicles, half of which in the United States.

The world demand for oil has multiplied from 11 million barrels per day (mbd) in 1950, to 57 mbd in 1970, to almost 80 mbd today. The United States consumes 20.7 mbd, which is the most of any nation and equals the consumption of the next 5 largest national consumers (China, Japan, Germany, Russia and India). World demand has recently grown as the economies of China (6.5 mbd) and India (2.3 mbd) have developed, but the United States remains the largest consumer.

The five largest producers of oil are Saudi Arabia (10.37 mbd), Russia (9.27), United States (8.69), Iran (4.09) and Mexico (3.86). Proven oil reserves are concentrated in the Middle East (60%).

via Joseph Coton Wright at Berkeley

Dalai Lama to visit San Diego this April, 2012 – public tickets available in February

Uniting their forces, three local universities are bringing the Dalai Lama to San Diego in April for a series of talks on topics ranging from global climate change to religious harmony. This will be the spiritual leader’s first official visit to San Diego.

Tenzin Gyatso is the 14th Dalai Lama, the supreme religious head of Tibet. He has lived in India since 1959, having fled his native land after Chinese troops defeated rebels trying to establish an independent Tibet. Now 76, the Dalai Lama remains a prolific writer — his most recent book, “Beyond Religion: Ethics for a Whole World,” was published in December — and still spends up to 10 months a year on the road.

He’s also a pop culture force, followed by celebrities and more than 3.4 million people on Twitter. Yet the Dalai Lama has never been to San Diego, outside of a brief stop more than 20 years ago to meet privately with local Buddhist monks.

His April visit will be the second stop in a 12-day North American tour, which will begin in Hawaii and include events in Los Angeles; Rochester, Minn.; and Canada.

via UT San Diego

 

Tickets to all Dalai Lama events available February, 22 at 10am.

Continue reading “Dalai Lama to visit San Diego this April, 2012 – public tickets available in February”

How many people in United States own a TV, DVR, Video Game Console, DVD player?

Of an estimated 312,000,000 in the United States in 2011:

  • 290 million have at least one TV
  • 253 million – DVD player
  • 162 million – video game console
  • 145 million – cable
  • 129 million – DVR
  • 95 million – Satellite TV

By percentage:

  • 93% – have at least one TV
  • 81% – DVD player
  • 52% – video game console
  • 46% – cable
  • 41% – DVR
  • 30% – Satellite TV

Continue reading “How many people in United States own a TV, DVR, Video Game Console, DVD player?”

Technology-themed comic book – The Zen of Steve Jobs

Kobun was a Zen Buddhist priest who emigrated to the U.S. from Japan in the early 1970s. He was an innovator, lacked appreciation for rules and was passionate about art and design. Kobun was to Buddhism as Jobs was to the computer business: a renegade and maverick. It wasn’t long before the two became friends–a relationship that was not built to last.

This graphic book is a reimagining of that friendship.

The Zen of Steve Jobs

The story moves back and forward in time, from the 1970s to 2011, but centers on the period after Jobs’ exile from Apple in 1985 when he took up intensive study with Kobun. Their time together was integral to the big leaps that Apple took later on with its product design and business strategy.

Find more art at JESS3

Unknown to most modern-day investors and traders – Reminiscences of a Stock Operator is one of the most important investment books ever written

Like you I dream of investing in the stock market to make money. Not big money but simple 10% returns, year over year.

The trouble is that the market is so complex and confusing. It seems to take an infinite amount of time, research, and knowledge to make it work. To which, I respond, there has to be a book to explain it all to me.

A novel that encapsulates all I need to know into pithy, poignant statements. Offering a way to avoid all the simple mistakes and skip right to the business a making money.

I have found the first book of that kind for any investor, Reminiscences of a Stock Operator by Edwin Lefèvre.

Reviews:

The most important investment book for today’s investors isn’t on the hottest new trend–it’s a book written over 70 years ago. Originally published in 1923, Reminiscences of a Stock Operator continues to inspire each new generation of investors.

Unknown to most modern-day investors and traders. Reminiscences of a Stock Operator is one of the most important investment books ever written.

Although Reminiscences…was first published some seventy years ago, its take on crowd psychology and market timing is a s timely as last summer’s frenzy on the foreign exchange markets.

After twenty years and many re-reads, Reminiscences is still one of my all-time favorites.

Stock investing is a relatively recent phenomenon and the inventory of true classics is somewhat slim. When asked, people in the know will always list books by Graham, Malkiel, and Fisher. You’ll know you’re getting really good advice if they also mention Reminiscences of a Stock Operator by Edwin Lefèvre.

Continue reading “Unknown to most modern-day investors and traders – Reminiscences of a Stock Operator is one of the most important investment books ever written”

R.I.P. Etta James

At last
My love has come along
My lonely days are over
And life is like a song

Oh yeah yeah, at last
The skies above are blue
My heart was wrapped up in clover
The night I looked at you

And I found a dream that I could speak to
A dream that I can call my own
I found a thrill to press my cheek to
A thrill that I have never known

Oh yeah yeah, and you smile, you smile
Oh, and then the spell was cast
And here we are in Heaven
For you are mine at last